Mission and Margin is the business of healthcare. Business of Healthcare (BOH) interviews feature innovations proven to sustainably improve healthcare. Each discussion includes a healthcare executive and innovator concentrating on the same problem. BOH has turned to Clearwater Compliance CEO Bob Chaput for his expertise on ensuring hospital cyber risks through captives and developing a hospital cyber risk management strategy.
Medical Professional Liability & Cybersecurity
Cybersecurity may be an emerging MPL risk as internet-connected biomedical devices such as infusion pumps become subject to cyber attacks. Compliance and information security expert, Jon Moore, Clearwater's Chief Risk Officer & SVP, Professional Services explains this emerging MPL risk. Leading MPL underwriter Nat Cross, Beazley's Healthcare Leader forecasts premium trends and explains key drivers.
Insurance Captives: Innovation & Cost Savings for Providers
In this interview, Michelle Johns, Chief Risk Officer of IU Health and Bob Chaput, Founder & Executive Chairman of Clearwater discuss their innovative work benchmarking risk within and between large health systems. They also explore why insurance captives have become so strategically important to innovation.
Risk Identification, Benchmarking, Role Of Insurance Captives as Innovation Leaders
Clearwater Founder & Chairman, Bob Chaput and Cleveland Clinic’s Executive Director for Enterprise Risk & Insurance discuss Cyber Risk in a new Business of Healthcare interview. Cyber risk is a Board-level concern because catastrophic losses can quickly exceed $50 million or even $100 million. They explore innovation opportunities to curtail cyber risk.
View the Latest Interviews & Podcasts
- Innovating to Reduce Cyber Risk
Clearwater CEO Bob Chaput and Cleveland Clinic’s Executive Director for Enterprise Risk & Insurance discuss Cyber Risk in a new Business of Healthcare interview. Cyber risk is a Board-level concern because catastrophic losses can quickly exceed $50 million or even $100 million. They explore innovation opportunities to curtail cyber risk such as more efficient risk identification, benchmarking opportunities, and the role of insurance captive as innovation leader. See www.BOHSeries.com.
- Why Manage Cyber Risk through an Insurance Captive?
We explore Cady’s use of an insurance captive to manage and transfer cyber risk and Clearwater CEO Bob Chaput’s in-depth understanding, perhaps greater than any expert I have spoken with, of how health systems should identify, manage, and avoid cyber risk. Visit www.BOHSeries.com.
- Becky Havlisch (Banner Health) and Bob Chaput (Clearwater) lead their respective organization’s search for better cyber risk management.
Havlisch has an unusual title: vice president of business health. That title reflects her organization’s innovative approach to cyber risk. Chaput describes why the 2009 HITECH Act led to the explosion of healthcare-related cyberattacks. He describes a vision of ongoing risk and compliance gap assessment as a method to optimize OpEx and CapEx spent on cyber risk. Along the way, we learn the difference between cyber risk and cyber security, lessons from Banner’s 2016 breach, and the role of the Audit Committee of the Board. Visit www.BOHSeries.com.
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Latest posts by Bob Chaput (see all)
- Cyber and Privacy Risks Are Bleeding Over into Medical Professional Liability Risks | Update from the Cayman Captive Forum - February 20, 2019
- Business of Healthcare - January 11, 2019